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Buyers' market in the galleries |
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Written by The Australian
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Saturday, 27 December 2008 |
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ONE afternoon last May, art dealer Denis Savill was fishing in the Maldives when he took a call from a client. The caller, a Sydney property investor, was interested in a Charles Blackman painting he'd seen in Savill Galleries' new catalogue. Would Savill be prepared to lower his price?
Savill, who has been in the business for more than 30 years, has always preferred to offer generous terms for payment rather than bargain prices. "It diminishes the picture if you cut its price," he says. Also, the market was still buoyant. If the client didn't want to pay $350,000, there would be someone else who would. Read more... |
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Last Updated ( Wednesday, 28 January 2009 )
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